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3921  Bitcoin / Bitcoin Discussion / Re: Tesla and market manipulation crime on: May 07, 2021, 05:10:13 PM
Elon Musk is too equipped with accountants and lawyers on his payroll system to move with loopholes on his decisions. Surely, before he made their move he was able to seek consultation to his legal and accounting team so they can execute it without any penalties.

That’s how great executives work. Like Elon Musk have all the money to seek consultancy so I don’t think he would do it without the ignorance to the law.

Tesla was just one fo the products Elon Musk was able to produce with his cleverness and ability to get a very good team members with him. And I don’t think he will let that company go down just because of market manipulation which we know that he can totally influence without moving a single finger.

3922  Economy / Economics / Re: Money Is Political, Not Technical on: May 07, 2021, 05:03:38 PM
I don’t think this has to be explained, but money was meant and created to civilize people and centralize the power/rights to someone that has to be in charge. This was to benefit the people who pursued becoming a leader in the past. Money doesn’t have any value before as it wasn’t back by anything with value. But with a proper way of extortion being backed-up by guns, people has to accept the so called^ fortune in exchange with their assets such as gold, oil and so on besides from it, other countries were persuaded to create theirs as well and the money war starts with that. This was the same set-up Janet Yellen was trying to point with Bitcoin. But if when you read history, this was well declared. It was the money who were created to be used for illicit transactions but still looks legal in the eyes of the public.

Same with alt coins, there were a lot of currencies offered to the public before, but only 15-20% of them made it and survived. Dollar is one of it and also the pounds as these are from powerful people with a lot of ammunitions on their base camps.

Money was created for a group fo people to show dominance to others, so politics is quite related to it, and in that I agree with your point.

It’s just a good thing because we at least are able to experience the freedom having decentralized currencies we enjoyed during the past years. But I hope that this time, people will win against the greedy leaders wanna be(s).

I trust the intelligence of the people today, boosted by the internet access which helped us to access almost all of the resources and information we need to know to win. Good luck to the new generation of people!
3923  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][BEP20 TOKEN] holdFELA - ReBorn, ReBranded, Now Fully Community Owned on: May 07, 2021, 05:42:58 AM
I scanned the website https://holdfela.xyz/#additional and I saw that your team is planning to release innovative products that would boost the project, but let me ask these questions. Do you now have any ideas/prototypes of products you are eye'ing to develop? I understand though the community have been here for quite some time now, products might not be ready yet. If you have an idea, I think it would be a great help to share it with us. Or if you already started one, you may let us know on which stage you are currently in.

In my opinion, I would suggest for the team to release products such as Software as a service (SAAS) that would surely help the community involved. Something that the community wouldn't hesitate to avail as a service.

And one more question, how would your team differentiate FELA with a lot of TOKENOMICS out there in the market? What would make it stand up from the rest?

I would appreciate your response with this. Cheers!
3924  Bitcoin / Bitcoin Discussion / Re: Charlie Munger hating on bitcoin on: May 06, 2021, 04:49:44 PM
One percent’s or the should I say the oligarchies and the two sides ( cryptocurrency leaders ) & the (international finance leaders) know that this one is only a sort of strategy to win their agendas.
Munger and people knows that fiat/money/currencies are also used for illegal stuff and it is stupid to demonized the cryptocurrency with illegal deeds.

On the other hand just to make it a fact, former FBI director posted in public an infographic which shows how Bitcoin and cryptocurrencies being used in illicit deeds dramatically went down to 1%
From 7% on the previous years.

Check the resource below to confirm the fact.

https://www.thecipherbrief.com/report-an-analysis-of-bitcoins-use-in-illicit-finance

These holding companies Warren Buffet and Munger have are the true demons here. They clean and keep the assets of the unknown. They keep assets of the people who really kidnaps and the extortionist. They clean it and grow it like no one could ever imagine.That’s not a secret anymore. People already know how they work.

There was an old saying which is “A man who hates a deed of someone, who hates themselves for doing it.”

3925  Economy / Economics / Re: How do you define rich? on: May 06, 2021, 04:03:57 PM
In my environment, I should say that being rich has to be associated with power. You’ll never be rich without the power to keep your wealth consistently. Being rich also has to be consistent. You wouldn’t want to be a one day millionaire.

You can always have a million dollar on your bank but that wouldn’t guarantee you becoming rich in the long run. And in order to do that, you have to make sure you have enough cash flow at the point where you don’t need to work and you still earn while you sleep. Not just earn enough but earn more and it has to be in in growing curve.

But honestly, being rich for me is rich with Finance, Friends, Family and Spiritual. If I have these all at peace consistently? I don’t think I have to earn more than I could spend.

Money is always there if you know how the process and systems works. You will never ever lose a cash if you know the trick. So I guess, I should focus on building my relationships with my friends, family and myself. Freedom and inner peace is more important than anything in this world.
3926  Economy / Economics / Re: Are some too blind to see? on: May 05, 2021, 09:08:57 AM
You don’t have to worry that much my dear friend. If they profit, there will be a time that they won’t. They would exit after gaining but the aftermath is that, they will enjoy it and will come back to try it again. There will be times that they had to wait long in order to say that they gained profit already and exit.
 
Instead of being annoyed with the system, I guess you should know how to get along with it so you will not become the stupid people you mentioned that are not bothered. You will only hate it when you don’t benefit at all. So I think that’s the reason why you have this reaction.  Change  your side so you won’t be a hater.

Look at Elon Musk and Warren Buffet, Elon Musk took a side and took advantage of Cryptocurrency Warren did not and started to hate it. Who won it? It’s Elon since getting profit is just a bonus, having fun is the main deal.
3927  Bitcoin / Bitcoin Discussion / Re: Warren Buffett Agrees That Bitcoin Is "Disgusting" on: May 05, 2021, 05:20:50 AM
If you read books regarding finance, you would know that Munger's statement/comment regarding the success of the bitcoin is actually the same reaction the first generation traders had when Fiat has been made and successfully launched. System repeats itself they say and this applies here today. Imagine Warren spending his entire lifetime building his empire while Bitcoin made it for a very short period of time? That's an insult to him. Munger in the other hand spend all his life becoming an underwing in order to reach the corporate ladder's top then Bitcoin investors did it for just a quick snap? Hope this perspective can help.

Hate would be a natural reaction if someone feels threat. Fiat and stocks are the assets Bitcoin gives threat with. Both of these assets are the bread of Munger and Buffett so we have to understand why they feel what they feel and them being against Bitcoin. You will never be able to teach and old dog a new trick and validation from Warren is actually not a thing. His statement will never change the success we have in the Bitcoin community.



3928  Bitcoin / Bitcoin Discussion / Re: China Declares War on Bitcoin (?) on: March 13, 2021, 12:44:52 PM
https://www.youtube.com/watch?v=4hZU7qska34

Quote
China Uncensored
1.56M subscribers

China declares war on Bitcoin. Inner Mongolia, where a huge amount of bitcoin mining occurs, will be banning it. But the Bitcoin news is part of a broader attempt by the Chinese Communist Party to create a national digital currency that the Party controls.


....


China claims it must "crackdown" on bitcoin to save the environment and the planet.

Given that a high percentage of cryptocurrency (pow) mining is powered through hydroelectric and green energy. The cost of which helps fund the expansion and development of cleaner non fossil fuel based plants around the world.

Perhaps we can propose an alternative if china is serious about fighting climate change and being Greta Thunberg's proud poster boy.


Quote
Chinese companies to build 700 coal plants in and outside China

Even though they're one on the known countries that has a huge problem regarding on pollution, it's ironic that they want to save the planet by doing such things and what will they achieve if they declare war on bitcoin? It's quite illogical with these kinds of actions that they think they can save the world.

Citing data gleaned from the world’s biggest developers of coal-fired power plants, Urgewald found that of all the new coal generation expected to go online over the next decade, Chinese companies will build nearly half of it. Specifically, that means 700 new coal plants, with most to be built in China, and about a fifth outside the country, according to figures provided by Urgewald and reported by the New York Times:

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Overall, 1,600 coal plants are planned or under construction in 62 countries, said Urgewald, which uses data from the Global Coal Plant Tracker portal. The new plants would expand the world’s coal-fired power capacity by 43 per cent.

The fleet of new coal plants would make it virtually impossible to meet the goals set in the Paris climate accord. Electricity generated from fossil fuels such as coal is the biggest single contributor globally to the rise in carbon emissions, which scientists agree is causing the earth’s temperatures to rise.

https://www.mining.com/chinese-companies-build-700-coal-plants-outside-china/


China is known for having 14 out of the top 30 most polluted cities on the planet due to its heavy reliance on coal. In some places the air pollution is so bad, it is claimed simply living and breathing the air is like smoking two packs of cigarettes a day.

I am curious to know what peoples thoughts on these topics are.

Could the environment better be protected by china replacing its 700 planned coal power plants with cleaner options.

China is emerging as a hub for solar panel and windmill manufacturing. It is well suited to leverage EV vehicles due to the abundance of rare earth minerals within china's own borders. Its policy of pursuing coal energy in the face of cleaner and more affordable power options remains an enigma to me. Fossil fuel based power is heavily criticized and attacked by the media in the west. While in the east it is embraced with bold plans in motion to extend the scale of coal based operations. How can this discrepansy be explained. What are the motives and reasons behind it.




3929  Economy / Trading Discussion / Re: How to profit from the market, bulls or bears on: March 11, 2019, 12:26:52 AM
people hold back when prices are down, or buy assets they want when prices are falling. while in the bull market, they started selling their assets little by little. this often happens, and for now, I only use bull markets.
From these fluctuation is where most traders makes their money, It doesn’t mean everyone should go into trading but it is also not a bad idea to take advantage of the bearish market too by using one stone to hit two fruits simultaneously, I am also into the bull market set of people too where I have to hold on some coins during this bearish market till the bull run sets in.

It is very best to trade this period while also holding for long term too provided the investor has spare cash to trade with. One can make profit in both ways which doesn’t mean the investor is greedy, it’s just to benefit phone both side.

Best option to enter this days indeed since there are so many best option for us to do since there are so many cheap coins and tokens are scattering around, and huge chances for us to  earn more once the market recovery will come. And we can also join the tricky movement of the market and do a day trade on it.
3930  Economy / Speculation / Re: Mike Novograts to CNBC: ‘I Think Bitcoin’s Price has Bottomed’ on: July 25, 2018, 07:58:49 AM
Hope those that are speculated that bitcoin will fall to $3,000 before recover can now see that thing has actually change.  The type of bullish trend we are seeing now was just like what we have last year.  Bitcoin has tried to make above $400 daily for the past few days .

no real speculator has ever actually expected the drop down to $3000. at least all the cases that I have seen and I have seen a lot, have been trolls and desperate newbies who missed the chance to buy or sold at the bottom and wanted the price to go lower so they could buy back.

and by the way $400 rise these days means 5% rise which is nothing.

5% rise can actually rise up some emotion since base of the statistics these days the bitcoins price go stretch a little more wider and by this maybe the ecosystem is building up a little positive output to those newbies who's seeking justice for the bits they've bought at the top price back on December - January. And I wouldn't expect for a dump less than $3000 since if that one happen then maybe it will take a long time for us to trust the bitcoins dominance again.
3931  Economy / Speculation / Re: Will Bitcoin hit 20k again on: July 22, 2018, 08:29:07 AM
Will Bitcoin hit 20k again? BTC dominance 45% now.
certainly bitcoin is going to recover and move over $20,000 in some days to come.  I don't think we have utilize all the potential of bitcoin and cryptocurrencies in 2017. Many good news are coming and I believe that those new are going to push the price above the formal high.

The August ETF will be one of the big events that will be happen on august and maybe there's any good changes will happen by the time bitcoins/cryptocurrency will be approved, But since there are slow movements occuring maybe we can taste the comeback of $20,000 price so let's just wait and observe for the market flows so that we can track those golden movements.
3932  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: the success of the bounty campaign!!! on: July 22, 2018, 08:13:22 AM
how do you think our best way to succeed a bounty without increasing the work time of hunters and bounty providers?
Actually promotion about that project is very important if that project needs to be successful,if that project get success means the bounty also will get success.For that they need to allocate more rewards to the signature campaign and also picking the best manager will plays a big part so it will built more trust among the participants and also they will work without any hesitation about getting payment.

All projects need to be successful and promotion is a must in that and promoters should do some best ways to execute some unique things to promote their project. I would agree picking a good manager is a must but sometimes it will not drag some investors since most likely investors always reads the whitepaper and anything that can convince them to invest with the project.
3933  Alternate cryptocurrencies / Altcoin Discussion / Re: Whitepaper? Do you really believe 100% in any projects whitepaper?. on: July 20, 2018, 09:18:02 AM
I don't believe in white papers for any project, and most of the time, the white papers are just for reference.
I prefer the open source code of this project, which directly reflects the excellence of the project.

But most of the project's whitepapers are just copy paste.

For that doings then we cannot fully trust them up since legit ones don't copy any works from others and most of the people does that are scammers.

We must fully read those critical info so that we will not go on bad things on our bad negligence.
3934  Economy / Economics / Re: Is bitcoin really anonymous? on: April 28, 2018, 12:41:29 PM
You can check any transaction have being ever made but you will never know who was the owner of wallets. Bitcoin is really anonymous and if you are not talking a lot you are fine. Wink
Yeah these coins are really anonymous. They are first source of income that is this big anonymous. You can’t even know who are saving these coins. Where these coins are and how have how much coins. Still, these coins are just getting more famous and popular day by day. This anonymity helps people keep their investments hide and thus you are safe from bad eye.

Nope your wrong bitcoin is not anonymous since every transaction made by the people are so visible and listed on blockchain. But there's nothing to worried for that since those one is totally ok but if people find it disturbing then maybe they are doing some illegal things on bitcoins ecosystem.
3935  Economy / Economics / Re: Will Bitcoin volatility prevent adoption? on: April 27, 2018, 01:41:46 PM
Yes bitcoin's volatility prevents mass adoptions woldwide. Lets take this situation, a company X gives salary to the employees in bitcoin and suddenly the price of bitcoin increases and after few days it decreases again. It will be a huge loss for the company and what is the reason? Volatility.

In my opinion, bitcoin can be adopted but not a mass adoption because volatility is preventing it.
What you said is so true. Bitcoin can not be usable in other transactions like for instance as you stated. Therefore its volatility prevents mass adoption. There are some advantages and disadvantages as to bitcoin's characteristics.


The volatility made people think that bitcoin is not worthy to invest with since it can cause a massive loss to them. But if people try to reach some knowledge and let theirselves learn on how to defy and earn with volatility then maybe a great adoption will came but for now massive adoption will just a myth since for new guys hard to find bitcoins are legit one for their investment.
3936  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it worth it to take part in airdrops? on: April 27, 2018, 01:13:39 PM
On last year around I receive an hundred to thousand of bucks by participating an airdrop camps but now I earn just few cents. And I never saw any good airdrop coins right now since mostly all of them are so shit and scam. And I'm thinking to quit with airdrop thing and focus on another earning ventures here on bctalk.
3937  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Tron (TRX) on the rise on: April 27, 2018, 12:48:20 PM
Up 30% the past couple of days, of course it could probably just be a pump and dump on the run up to the main net launch (end of may) anyone wanna give their speculations on this? The auth was 0.30 so it'll be interesting to see where it gets to.


I think this cryptocurrency is good but not the goodest for investing. I believe that tron (TRX) will have a good future but investors should wait too much time to make a good profit from this crypto, this up of 30% in the past couple of days, it's just a pump as all the market was pumped last days.

Actually that will be the scenario for a coin with extraordinary potential to rise up and since trx get a good jump at this point then this could be our good indicator that there are more coming pumps with this coin. We are still not in cloud 9 crypto state so no doubt for another run to came.

But if you can't wait for its development then maybe short term coins will be suit for you.
3938  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Time to buy? on: April 27, 2018, 12:27:02 PM
should now be the right time to sell buakn buy because now price movements have shown good prices, but if the traders want to buy is not a problem because now the price is not too expensive and the price will be expensive again in some time to come.

Statistics shows a good sign that bitcoins will have a good month onward, remember we encounter a major bull run yearly and might we will surely see an another run by this year so stock up and better buy more cheap btc's together with alts. And we should not get affected if there's fuds so that the chain of rise up will not be cut by that bad schemes.
3939  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Forkdelta buyers? on: April 26, 2018, 08:57:55 AM
Anyone utilizing ForkDelta to purchase tokens?  

If so which ones!
I have been using this exchange for a long time, in general about half a year, I constantly buy there very young tokens at low prices.
indeed in this forkdelta market almost all new coin has been available here, enough with us who add it yourself. and this decentralized market is my favorite market, because the volume of sales and purchases there is huge

Well actually the trade volume sometimes depend on the coin you're trading so we can't say that forkdelta have a high volume.

I also use ED and forkdelta but just often times because I don't want to import my private keys as I don't want my coins gets compromise when things mess up in the platform. And I always make sure that if I can stay away from it then I would besides there's a lot of exchanges now.

Inputing private key is a annoying for me since I am doubting to put it again on fork delta since they have the same interface with ether delta which is shady exchange to. And I would rather trade on the other trusted exchange around than to trust this trap exchange.
3940  Economy / Economics / Re: Bitcoin price review on: April 26, 2018, 08:22:09 AM
Bitcoin Price Rebounds After Tax season

On Saturday, the Bitcoin price again reached the 9000 U.S. dollars mark. Tom Lee, the major analyst of Fundstar Global Advisors, was not surprised by this fact. In his opinion,  the negative impact on Bitcoin price was caused by the U.S tax season.
Read the full article here: https://www.xmlgold.eu/en/news/article/664/Bitcoin-price-review/
I think he has also a point. Maybe, if the country has a large population of investors or they have the biggest whales then they will really affect the price of bitcoin. Since America is a big country with lots of big investors they do affect the price of bitcoin.

Well if majority of american's sell of their bitcoins then maybe they can really affect the market but if they are some of them just selling of due to unknown reason then its really bit sketchy to tell that they can since as I know major players doesn't give a shit on short term fuds since they surely all know that bitcoins would ever climb up again. But if USA.China and other huge country combine then maybe we can say that it is truly contribute to the dump coming.
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